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China was the main supply of international direct funding in Africa from 2016 to 2020 by way of each jobs and capital invested, however third behind america and France by way of the variety of initiatives, in keeping with Ernst & Younger (EY)’s carefully adopted annual Attractiveness report that was just lately printed.
Chinese language funding on the continent throughout this era totaled $70.6 billion and created greater than 170,000 jobs, 3 times as many because the U.S. and France, and greater than 4 instances as many because the UK.
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